The housing market in Bowdoinham, ME (04008) has seen a steady increase in median value over the past year. The median value for housing in Bowdoinham is currently $334,400, which is slightly below the national average of $338,100. However, the appreciation rate for Bowdoinham has been even greater than the US as a whole this past year at 12.21%, compared to 8.27%. This indicates that Bowdoinham is seeing a higher level of investment in its housing market than the rest of the country, and suggests that prices may continue increasing in the near future.
The median home cost in Bowdoinham (zip 04008) is $334,400. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Bowdoinham (zip 04008) is up 16.2%.
Average Age of Homes
- The median age of Bowdoinham (zip 04008) real estate is 38 years old
The Rental Market in Bowdoinham (zip 04008)
- Renters make up 9.4% of the Bowdoinham (zip 04008) population
- 0.0% of houses and apartments in Bowdoinham (zip 04008), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.